Salada Foods Jamaica (XJAM:SALF) 6-Month Price Index : 1.35 (As of May. 25, 2024)

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What is Salada Foods Jamaica 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-25), Salada Foods Jamaica's 6-Month Price Index is 1.35.

Competitive Comparison of Salada Foods Jamaica's 6-Month Price Index

For the Packaged Foods subindustry, Salada Foods Jamaica's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Salada Foods Jamaica (XJAM:SALF) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index

Current Share Price

Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Salada Foods Jamaica (XJAM:SALF) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Salada Foods Jamaica 6-Month Price Index Related Terms

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Salada Foods Jamaica (XJAM:SALF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Salada Foods Jamaica Ltd (XJAM:SALF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Bell Road, P.O. Box 71, Kingston, JAM, 11

Website

https://www.saladafoodsja.com

Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.

Salada Foods Jamaica (XJAM:SALF) Headlines

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